ISLAMABAD — The Federal Board of Revenue (FBR) issued a clarification on Friday to address certain media reports that suggested advance taxes give artificial boost to revenue collection.
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Get the latest FBR news, tax updates, income tax, sales tax, customs, notifications, and policies from the Federal Board of Revenue.
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Schedule for filing annual returns
KARACHI — The Federal Board of Revenue (FBR) has issued the schedule for filing the annual income tax return, emphasizing the significance of adhering to the specified deadlines.
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FBR directs customs officers to join new place of posting immediately
ISLAMABAD — The Federal Board of Revenue (FBR) has issued a stern directive to customs officers, warning of departmental action if they fail to comply with their recent transfer orders.
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Return filers entitled to many reductions, rebate and credits
The Federal Board of Revenue (FBR) has released a comprehensive facilitation guide outlining the various tax reductions, rebates, and credits available to income tax return filers.
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Requirement of wealth statement
The Federal Board of Revenue (FBR) has recently introduced amendments to the Income Tax Ordinance, 2001, shedding light on the requirement for taxpayers to submit a wealth statement alongside their annual income return.
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FBR identifies undeclared foreign assets of 152,201 Pakistanis
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FBR explains inclusion into ATL for availing tax benefits
ISLAMABAD: Federal Board of Revenue (FBR) has explained the inclusion into Active Taxpayers List (ATL) for availing reduced rates of withholding tax and other benefits.
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Persons who are not required to file annual income return
KARACHI: There are certain classes of persons who are not required to file annual return of income to Federal Board of Revenue (FBR).
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FBR withdraws additional customs duty on raw materials
Islamabad – The Federal Board of Revenue (FBR) has withdrawn additional customs duty on various imported raw materials.
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FBR notifies removal, reduction of RD on raw materials
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified elimination and reduction of regulatory duties on import of various raw materials used by manufacturing sector.
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